Socialism ignores the economic idea of incentives. Under capitalism, owners and workers have strong incentives to work hard, increase effectiveness, and produce quality products.
Very insightful post. One has to love the Churchill quote. I just subscribed for more!
Thank you very much.
Top shelf analysis Frederick James! I have this book in my library and it is a wonderful read if you do not have it. Heaven on Earth: The Rise and Fall of Socialism https://www.amazon.com/exec/obidos/ASIN/1893554457/qid=1046182095/sr=2-1/ref=sr_2_1/104-9358370-1947933
Very insightful post. One has to love the Churchill quote. I just subscribed for more!
Thank you very much.
Top shelf analysis Frederick James! I have this book in my library and it is a wonderful read if you do not have it. Heaven on Earth: The Rise and Fall of Socialism https://www.amazon.com/exec/obidos/ASIN/1893554457/qid=1046182095/sr=2-1/ref=sr_2_1/104-9358370-1947933